Amendment 2026-1497h to SB610 (2026)

(New Title) allowing the insurance commissioner to approve innovative short or long-term care policies.


Revision: April 16, 2026, 10:39 a.m.

Rep. Hunt, Ches. 14

April 14, 2026

2026-1497h

05/07

 

 

Amendment to SB 610-FN

 

Amend the title of the bill by replacing it with the following:  

 

AN ACT allowing the insurance commissioner to approve innovative short or long-term care policies.

 

Amend the bill by replacing all after the enacting clause with the following:  

 

1  New Paragraph; Disclosure and Performance Standards for Long-Term Care Insurance.  Amend RSA 415-D:5 by inserting after paragraph IV the following new paragraph:  

V.  Notwithstanding any other provision in this chapter, the insurance commissioner may approve innovative short or long-term care policies or certificates and rates, provided the commissioner finds that:  

(a)  Issuance or delivery is not contrary to the best interest of the public; and

(b)  The benefits are reasonable in relation to the premium charged.  

2  Effective Date.  This act shall take effect 60 days after its passage.  

2026-1497h

AMENDED ANALYSIS

 

This bill allows the insurance commissioner to approve innovative short or long-term care policies or certificates and rates that the commissioner finds are reasonable and in the public interest.